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RE: WHAT FORM OF CRYPTOCURRENCY VALIDATION METHOD DO YOU THINK HAS THE GREATEST LONG-TERM SUSTAINABILITY?

in #dpoll5 years ago

Voted for Proof of stake.

According to POA Network Proof of Authority relies on "officially issued documentation for the person."

This seems to boil down to trusting and depending on a government officialdom. I don't rule that out — as a practical matter I do it an awful lot IRL.

But if governments are so dependable why obfuscate their role in trust with algorithms? They already issue fiat. If we trust them, why not trust that?

*Note this is reflects my superficial first impression — POA is news to me. I have not read deeply about it. So my questions are as sincere as they are skeptical.

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